Securian Asset Management Inc. Has $68.49 Million Holdings in Alphabet Inc. $GOOGL

Securian Asset Management Inc. trimmed its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 7.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 281,729 shares of the information services provider’s stock after selling 22,483 shares during the period. Alphabet comprises about 1.8% of Securian Asset Management Inc.’s investment portfolio, making the stock its 11th largest holding. Securian Asset Management Inc.’s holdings in Alphabet were worth $68,488,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of GOOGL. Financial Gravity Companies Inc. bought a new position in Alphabet in the second quarter valued at approximately $31,000. CarsonAllaria Wealth Management Ltd. lifted its position in Alphabet by 36.4% in the 2nd quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock valued at $44,000 after acquiring an additional 67 shares in the last quarter. Corsicana & Co. bought a new position in Alphabet during the 3rd quarter worth about $54,000. Vermillion & White Wealth Management Group LLC raised its stake in shares of Alphabet by 37.9% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock valued at $57,000 after purchasing an additional 89 shares during the period. Finally, S&T Bank PA lifted its holdings in shares of Alphabet by 40.2% in the second quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock valued at $61,000 after purchasing an additional 99 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Insiders Place Their Bets

In other news, Director Frances Arnold sold 102 shares of the firm’s stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $313.45, for a total transaction of $31,971.90. Following the completion of the sale, the director owned 18,205 shares in the company, valued at approximately $5,706,357.25. This trade represents a 0.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director John L. Hennessy sold 600 shares of Alphabet stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $337.52, for a total transaction of $202,512.00. Following the sale, the director directly owned 21,224 shares of the company’s stock, valued at $7,163,524.48. The trade was a 2.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 189,909 shares of company stock worth $57,927,282 in the last quarter. Company insiders own 11.64% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Big AI monetization wins — Apple’s decision to build next‑gen Siri on Google’s Gemini (a central catalyst behind Alphabet topping a ~$4 trillion valuation) implies licensing revenue and much broader Gemini distribution, which supports revenue and margins. Read More.
• Positive Sentiment: Analyst backing — recent upgrades and a higher price target (e.g., Bank of America raised its GOOGL target) are propping sentiment and provide near‑term buy‑side support. Read More.
• Positive Sentiment: New commercial partnerships — Google announced a Woolworths pilot to add agentic AI to its Olive chatbot in Australia, expanding potential retail use cases and distribution for Google’s AI services. Read More.
• Neutral Sentiment: Competitive positioning — DeepMind leadership and comments that Chinese models are “months” behind support Alphabet’s technical edge, but competition remains intense and will keep investment cycles high. Read More.
• Negative Sentiment: Antitrust fallout — Google asked a judge to defer an order forcing it to share search data while it appeals a ruling that found an illegal monopoly in search; ongoing remedies or eventual enforcement could materially affect the core search business and ad economics. Read More.
• Negative Sentiment: Copyright litigation risk — major publishers are seeking to join a class action alleging Google used copyrighted material to train its AI, creating potential licensing costs, damages or restrictions on training data. Read More.
• Negative Sentiment: Infrastructure headwinds — Google warns U.S. transmission system constraints are slowing data‑center hookups and could raise capex and delay cloud/AI capacity expansion, pressuring near‑term margins. Read More.
• Negative Sentiment: Insider selling — a disclosed director sale (600 shares) is small but adds to mixed sentiment amid other headwinds. Read More.

Alphabet Stock Down 0.8%

Alphabet stock opened at $330.00 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 1.75. The company’s 50-day moving average is $311.33 and its 200-day moving average is $254.85. The firm has a market capitalization of $3.98 trillion, a PE ratio of 32.54, a P/E/G ratio of 1.82 and a beta of 1.08. Alphabet Inc. has a fifty-two week low of $140.53 and a fifty-two week high of $340.49.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, October 29th. The information services provider reported $2.87 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $0.58. The business had revenue of $102.35 billion during the quarter, compared to analysts’ expectations of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%. Sell-side analysts anticipate that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, December 8th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s payout ratio is presently 8.28%.

Wall Street Analyst Weigh In

GOOGL has been the subject of a number of research reports. DZ Bank reiterated a “buy” rating on shares of Alphabet in a report on Thursday, November 20th. Barclays reaffirmed an “overweight” rating and set a $315.00 price target (up from $250.00) on shares of Alphabet in a research note on Thursday, October 30th. China Renaissance boosted their price objective on shares of Alphabet from $207.00 to $330.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Wells Fargo & Company reaffirmed a “positive” rating and issued a $350.00 target price (up previously from $268.00) on shares of Alphabet in a research report on Monday, January 12th. Finally, Stifel Nicolaus set a $333.00 price target on shares of Alphabet in a research report on Thursday, October 30th. Three analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Alphabet currently has a consensus rating of “Moderate Buy” and a consensus target price of $326.31.

About Alphabet

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.